14 March 2024 , 09:56
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Many of us are finding it tough to keep on top of spiralling energy bills.
In fact, things have got so bad that some 5.3 million Brits live in households in debt to their supplier, according to new research from Citizens Advice.
Energy costs have been steadily creeping up since 2021, as markets grapple with record prices, fuel shortages, rising poverty and slowing economies. It's the perfect storm, and our only choice is to weather it as best we can. Here, experts at Grant Store have put together some top tips to help slash your energy bills.
Cut 16% off: Cleaning and washing settings
"Using full loads and eco cycles in washing machines and dishwashers is effective in slashing bills - dishwasher eco programs can cut energy use by about 16%. Washing lightly soiled clothes at 30°C and timing washes during off-peak hours can also lead to significant annual savings. This aligns with optimising appliance use for both economic and environmental benefits."
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Save £90: Switch to a heat pump dryer
"Drying clothes efficiently is a key consideration. Tumble drying, while convenient, can be a major energy consumer. Choosing an A-rated heat-pump dryer over a C-rated electric tumble dryer can lead to substantial savings - reducing the annual cost from £150 to £59. Regular maintenance, such as cleaning lint filters, is a simple yet impactful practice to ensure optimal drying efficiency."
Refrigeration efficiency
“Refrigeration has a big impact on energy bills. Tests on fridge freezers show an average yearly cost of £86. Keeping the right temperatures, avoiding unnecessary door openings, and regular defrosting contribute to efficient use. Keeping three-quarters full capacity ensures optimal performance without wasting energy."
Kettle usage
"Even small appliances like kettles contribute to overall energy use. Using kettles with low minimum-fill lines and promptly descaling them can result in noticeable energy savings. Boiling only the needed water aligns with efforts to reduce energy waste in daily activities. These small adjustments collectively contribute to a more sustainable and cost-effective lifestyle."
Appliance choices
"The significance of choosing energy-efficient appliances cannot be overstated. Recent studies have shown that appliances account for a substantial portion of household energy use. Reviews from reputable sources can guide consumers in selecting models that align with energy-saving goals which not only leads to direct cost savings but also contributes to reducing overall energy consumption in homes."
Solar Panels: ROI
“While the initial investment in solar panels may seem daunting, the long-term benefits far outweigh the costs. Not only does this offer substantial savings of up to 70% on your electricity bill by reducing reliance on traditional energy sources, but it also contributes to environmental sustainability by reducing carbon emissions.
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"Despite energy usage differences, whether in a home-based work environment or with modest consumption, homeowners can expect a return on investment within 6 to 10 years, extending up to 20 years for lower energy users. Tariffs like the Smart Export Guarantee further enhance these benefits, making solar panels a financially rewarding choice."
“Tapping into government initiatives like the eco4 scheme can help offer financial support for energy-efficient upgrades, prioritising low-income households and vulnerable individuals. Eligible homeowners can access funding to make energy-saving improvements to their properties, which typically include measures such as insulation, heating upgrades, and renewable energy installations. By subsidising the cost of these upgrades, the eco4 funding makes it more affordable for homeowners to invest in energy efficiency.”